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24 July 2019: State Bank of India, the lead lender to the bankrupt Jet Airways, on July 24 moved an intervention application against mortgage lender HDFC’s plea claiming rights over a portion of the airline’s BKC property. The National Company… Read More ›

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24 July 2019: India Ratings and Research (Ind-Ra) has revised IDBI’s long-term issuer rating at IND A and short-term issuer rating at IND A1 besides changing the rating outlook from ‘rating watch negative’ to ‘negative.’ The action comes a few… Read More ›

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24 July 2019: Piramal Fund Management has sought an extension of one year from investors in its domestic real estate fund, called Indiareit Fund Scheme V, as it is finding hard to exit some of the investments it has made… Read More ›

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24 July 2019: The Chennai bench of the National Company Law Tribunal (NCLT) has initiated a corporate insolvency resolution process (CIRP) against L&T Halol-Shamlaji Tollway, a special purpose vehicle (SPV) of L&T Infrastructure Development Projects, admitting an application by Oriental… Read More ›

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23 July 2019: The Supreme Court Tuesday cancelled the registration of all Amrapali group of companies under the Real Estate Regulatory Authority and the lease of its properties granted by Noida and Greater Noida authorities. The court also asked the Enforcement… Read More ›

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